sbi failed to surpass 280 levels and formed double top so we can expect the stock to trade soft and go towards lower end of sideways channel @265\260
after a down move from 750 to 640 stock is now in side ways forming bearish flag which might push the stock towards 600/575
buy this stock around 210 with sl at 207 target towards 217 short term call
expecting a bounce in this stock since rsi is in oversold and prices are taking support near bb
458 AND CLOSE ABOVE 510 ARE CRUCIAL
bata has seen an upside move then went into side ways now the side ways move is in verge of breakout buy above 509 with sl at 503 and for the first tgt of 521 {short term trade}
IGL is trading inside upward trend line and now trading at crucial support one can look for buying the stock around 1052 levels with sl placed around 1010 for a tgt of 1070/1110
stock seems to consolidate after big down move expect a bounce towards 1636 entry around 1595 sl1561
voltas is trading inside up ward raising channel buy above 388 for the tgt of 400/404 channel resi
prices are contracting post the bounce back from trend line support break above 6000 will provide a move towards 6110/6130 levels above those levels stock will turn to positive trend
britannia looks good for a target of 3170/3180
tata chemicals enter short at 549 sl around 570 tgt towards 530 and 2nd tgt towards 505
godrej industries looks good on hourly charts given a break out
BEL is in verge of break out from downward sloping channel buy above 1555 with sl at 1480 target towards 1640/1650 levels